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Inco set for EC approval for Falconbridge after LionOre sale eases antitrust concerns

By Robert McLeod ( June 15, 2006, 12:22 GMT | Insight) -- Inco’s sale of the Nikkelverk refinery to LionOre, an integrated nickel producer, and the associated supply agreements, looks to be enough to win European Union antitrust approval for the deal, as the European Commission begins circulating a draft clearance proposal.A European Commission draft decision clearing Inco’s bid for rival nickel producer Falconbridge is being circulated to member states after the company resolved concerns about the future supply of high-grade metal by selling the Nikkelverk refinery to an integrated mining and metals company....

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